Cost Rationalization Hindered by Delays in Reducing Excess Personnel at Partner Companies
First written in FY2020-Q2. 2 of 4 entries say "Mitigated", first in FY2021. Latest entry: FY2022-Q2.
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- FY2022-Q2MitigatedAnnual report
「Employment adjustments, including the voluntary early-retirement programme associated with structural reform, were completed in the second quarter.」
In response to the risk of delays in workforce optimisation and employment adjustments, including at subcontractors, the company explained that employment adjustments, including the voluntary early-retirement programme, were completed in the second quarter. - FY2021MitigatedAnnual report
「Applicants: 248 We expect to incur ¥984 million in costs related to additional retirement allowances and outplacement support services in connection with this voluntary early-retirement programme,」
In response to delays in workforce optimisation, including at subcontractors, a voluntary early-retirement programme was conducted and the number of applicants was confirmed at 248. - FY2020-Q3WorsenedAnnual report
「Progress on the cost-rationalization plan was delayed because it took time to optimize staffing, including personnel at on-site partner companies, and fundamentally review the production system at 佐世保重工業株式会社.」
Delays in workforce optimisation, including at subcontractors, are leading to delays in the cost-rationalisation plan and higher costs. - FY2020-Q2MaterialisedAnnual report
「At Sasebo Heavy Industries Co., Ltd., reductions in excess personnel at subcontractors have not progressed as planned because priority is being given to securing delivery schedules. To eliminate such obstacles to cost reductions,」
It was disclosed for the first time in specific terms that prioritising delivery schedules has prevented planned reductions in excess personnel at subcontractors from progressing as planned, creating an obstacle to cost reductions.